since jun 2019, buying AMZN just under the 200 DMA has been a very rewarding experience. See yellow line in chart
is this the big market correction, with amazon leading the way? or is buying AMZN under the 200 dma gonna be another good move?
Trade idea IMO would be to wait until AMZN is 5% under the 200 DMA, and then buy calls for 5 weeks out (thereby limiting your ass getting handed to you if we have a real market correction).
is this the big market correction, with amazon leading the way? or is buying AMZN under the 200 dma gonna be another good move?
Trade idea IMO would be to wait until AMZN is 5% under the 200 DMA, and then buy calls for 5 weeks out (thereby limiting your ass getting handed to you if we have a real market correction).